MTQ Corporation Limited, together with its subsidiaries, provides engineering solutions for oilfield equipment in Singapore, the Kingdom of Bahrain, Australia, United Arab Emirates, and the United Kingdom. The company operates through Investment Holding and Oilfield Engineering segments. It offers engineering services for the servicing, manufacturing, assembly, and fabrication of oilfield equipment, such as valves and blow-out-preventers; rents and sells oilfield equipment and spare parts, including drilling spools, adaptors, and related pressure control drilling equipment; heat exchanger mud coolers, shale shakers, drilling and spares handling tools, BOP pressure test units and torque tools, mud pumps, safety and drilling diverter valves, drillpipe protectors, and safety equipment. The company also supplies oilfield equipment; manufactures equipment components; remanufactures drilling tools; designs, engineers, assembles, and tests flow control valves; manufactures high pressure piping; general steel fabrication works and repairing of oilfield equipment; and fabrication of pressure vessels. In addition, it engages in trading of proprietary and custom-built pipe support pipe suspension solutions; provides equipment recertification and rig inspections services; and general oilfield fabrication and welding services, as well as onshore and offshore oil and gas fields, and facilities services. It serves the original equipment manufacturers, drilling contractors, and oil and service sectors. The company was formerly known as Metalock Singapore Limited and changed its name to MTQ Corporation Limited in 2003. MTQ Corporation Limited was founded in 1959 and is based in Singapore.
Singaporean Market Performance
7D7 Days: -2.7%
3M3 Months: 8.9%
1Y1 Year: 21.2%
YTDYear to Date: 10.6%
Over the last 7 days, the market has dropped 2.7%, driven by a decline of 2.4% in the Financials sector. As for the longer term, the market has actually risen by 21% in the last year. Earnings are forecast to grow by 7.1% annually. Market details ›
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